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- Jul 20, 2012
If you lease the phone its leasing to buy.Can my Tmo fam explain how the payment thing works? Are leasing/buying the phone out the only two options? I don't mind doing the payments to pay the phone off, but leasing is a no go for me.
You could pay the payments for one year and then upgrade to get a new phone = leasing the phone
You could pay the payments for two years and pay the whole phone off and it'll be yours = buying the phone
So the payments are going to the equipment. At the end of the 18 months you have a buy out price which is thats left on the phone.